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Property Tax Sales

Tax sales are conducted throughout the year in instances where accounts are in arrears, twenty-four (24) months, and no acceptable payment arrangements have been made. In these cases, the assessed owner of the property will receive a notice from Taxation and Property Records that the property will be sold by the Province to recover the overdue taxes and interest.

If arrangements are still not made for payment within twelve (12) months of the mailing of the notice, Taxation and Property Records will send another notice within sixty (60) days, indicating that the property shall be sold.

Once seven (7) days pass from the mailing date of the second notice, Taxation and Property Records will sell the property in accordance with the Real Property Tax Act.

 

Notice of Tax Sale

    Registry Documents:
    Once a property is identified, the deed or certificate of ownership is forwarded to a designated law firm, who will ensure the property is free of all claims and encumbrances.


    Advertising:
    Tax sales are conducted throughout the year. Properties for sale are advertised in the local newspaper once a week for two consecutive weeks, and in two consecutive issues of the Royal Gazette.

 

Tax Sale

Properties for tax sale are sold by public auction at an advertised date, time and place. Any properties that are not free of overdue taxes prior to the sale or where acceptable payment arrangements have not been made will be sold.

 

Disbursement of Sale Proceeds

Once the sale of the property is complete, the proceeds from the sale are disbursed in the following manner:

  1. Payment of expenses arising from advertising and sale;

  2. All tax arrears and interest that has accrued to the date of the sale;

  3. Any taxes owed to the Province by the assessed owner of the property;

  4. Any outstanding charges owed to a municipality or municipal corporation

Once these are paid, the remaining proceeds will go to the assessed owner.


Please note:
This page is prepared for information purposes only, and should not be considered a substitute for the applicable statutes. Should there be any conflict between the contents of this page and the statutes, the statutes shall prevail.
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